Letter from the Editor
While September is traditionally a time to think about going back to school, on Wall Street it seems more like the time of year to head back to work. Volume is usually lower than average in the summer months as traders focus on vacations more than they do on getting the best bid. As our members gear up to face the challenges of returning to work, we offer up some opinions on recent books that can help them refocus and sharpen their skills.
One trend I noticed in my summer’s reading list was the emphasis on volatility. The markets have certainly been volatile recently and several insightful authors have offered tips on how to profit from that volatility. We also have a research piece by Ed Easterling of Crestmont Research which shows how prices respond after experiencing volatility.
As always, we hope you find this issue of Technically Speaking to be useful as well as interesting. Please let us know what you like, and what you’d like to see. Send me an email at email@example.com.
Mike Carr, CMT
The Seven Rules of Wall Street by Sam Stovallby Sam Stovall, CFP & Michael Carr, CMT
Stovall examines seven well-known pieces of Wall Street wisdom: Let your winners ride, but cut your losses short As goes January, so goes the year Sell in May and then go away There’s no free...
Volatility In Perspectiveby Ed Easterling
This article was originally published by Crestmont Research and is reproduced with permission. Who or what is rocking the boat? Market volatility has surged over the past two years; investors have...
Volatility-Based Technical Analysis by Kirk Northingtonby Kirk Northington, CMT & Michael Carr, CMT
Many novice technicians blindly trade signals generated by their favorite indicator. Eventually, they blow up their account unless they are fortunate enough to meet a more experienced technician who...
Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets by Michael Covelby Michael Covel & Ajay G. Jani, CMT
“Cut Your Losses Short; Let your profits run on.” – Widely attributed to David Ricardo While many are familiar with David Ricardo’s contribution to economics through his “Theory of...
Trading Regime Analysis: The Probability of Volatility by Murray Gunnby Murray Gunn & Michael Carr, CMT
The first chapter of Gunn’s Trading Regime Analysis is titled “There is NO Holy Grail.” This summarizes the trading philosophy he details in this book. While trade selection and entry and exit...
An Interview with Craig Fullen, CMTby Craig Fullen, CMT & Yevgen Avramych
This month I had the pleasure of speaking with Craig Fullen, CMT about his career path, trading techniques, the CMT program, and the state of the financial markets as well as the job market in these...
Intermarket Trading Strategies by Markos Katsanosby Markos Katsanos & Michael Carr, CMT
The study of intermarket technical analysis was pioneered by John Murphy, CMT. His 1991 book, Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency...
A Fundraising Reception in celebration of the Opening of the MTAEF/MTA Library at Baruch College
All are cordially invited to attend a Fundraising Reception in celebration of the opening of the MTAEF/MTA Library at Baruch College on Tuesday, November 17, 2009, 5:00 PM – 9:00 PM, at the...
MTA Goes to Mumbai, India – Technically Speaking 2009 The MTA recently visited Mumbai and held its first international seminar, Technically Speaking 2009. On Saturday, August 22, 2009, in...
New Educational Content This Month
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT